Yonder and Beyond Group Limited announced a private placement of 30,000,000 shares at a price of AUD 0.035 per share for gross proceeds of AUD 1,050,000. The transaction will include participation from domestic and offshore family office, high net worth and sophisticated investors. The investors will acquire 15.6% stake in the transaction. The transaction is subject to shareholders approval. The transaction is expected to complete by November 13, 2017.